Biotechnology is a relatively new stream of management in India and offers enormous career opportunities. Considering scope in biotechnology and related sciences academic institutions across globe started offering courses in Biotechnology at college and university level and now it’s offered at school level as well. Biotechnology industry needs qualified professionals both at technical and administrative level.
Biotechnology industry is on boom, it needs huge number of professionals and experts in the field. The promising sectors of Biotechnology industry striving for eligible manpower in the area are- molecular biology, biomarker technology, recombinant proteins, industrial biotechnology, nanobiotechnology, biotech IPR issues, biotech regulatory affairs, cGMP, and clinical research management and bio-supply segment.
To fulfill the rising demand of technology managers, institutes and universities in India and abroad offers Master in Business Administration (MBA) in Biotechnology. MBA in Biotechnology courses are open to graduate students of all streams, viz, arts, science, commerce, engineering etc. Admission is offered on the basis of management entrance examinations, Group Discussion, and Personal Interviews.
Experts and Analyst in the field of Biotechnology have predicted, by 2010, Biotechnology industry in India will be worth USD 5.00 billion and it will offer more than 100, 000 jobs, reason enough MBAs in Biotechnology will be on high demand to manage core industrial issues both technical and non technical and human resources. The global economies of the world have generated vast opportunities for Indian Biotechnology Industry through joint ventures, mergers, and acquisition.
Global economies are sinking in past two years starting from 2007 but Indian Biotechnology Industry making continuous progress and have been on the progressive path in the financial year 2008 – 2009. Since Bio Technology is a knowledge intensive industry, it is expected that India will have a competitive advantage and will be able to take full advantage of this opportunity, as has happened in the case of the IT industry. To ensure that this opportunity is fully utilized and developed for national economic benefit, a vital need will be of trained manpower, both technological as well as managerial.
Government and Privately owned business organizations engaged in biotechnology businesses are keen to market technologies from laboratories to market. Management Professionals leveraged with biotechnology knowledge will prove worthy for the benefit of industry and society at home and global levels.
The Management Program in Biotechnology MBA Biotech is a postgraduate program to equip students to turn into management savvy professionals for the services of Biotechnology Industry. Master in Business Administration (MBA) Biotechnology graduates deal with managerial and entrepreneurial aspects in the biotechnology, chemical, pharmaceutical and allied industries.
The Biotechnology focused managers will also monitor the socio-economic and ethical issues so that the technology is harnessed and applied for the holistic betterment of mankind. Considering vast opportunities in Biotechnology industry, Management programs are offered in different Universities in the country as a part of a path-breaking initiative to help catalyze and direct this technology revolution.
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Career Opportunities
- Sales Manager
- Product Manager
- Assistant Technology Manager
- Technology Manager
- Surveyors
- Chief Technology Officer
- Customer Relation Manager
- Social Work Professional
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Biotechnology Management Professionals can find work opportunities in Biotechnology, Biochemical, pharmaceutical, clinical research, hospital, environment, nuclear plants, and academics.
Who can become a Biotechnology Management professional?
Candidates with graduate degree in any stream and a diploma or postgraduate degree in management equivalent to Master of Business Administration (MBA) or higher can embark on the profession of Biotechnology Management. Candidates with work experience in Biotechnology industry and degree or diploma in relevant study discipline like Biochemistry or Medical Physics can also join Biotechnology industry in management capacity. Working professionals with degree in Biotechnology at postgraduate and graduate level can also join fascinating profession of Biotechnology Management.
Attributes of Biotechnology Management Professional
- Team Worker
- Excellent communication skills
- Quick learner
- Knowledge about biotechnology industry
- Able to work under fear of health hazards
Institutes offering courses in Biotechnology Management are:
- Department of Management Sciences - University of Pune (PUMBA)
Course: 2 year full-time MBA program in biotechnology i.e. MBA (Biotechnology) (MBA-BT)
- AMITY Institute of Biotechnology, NOIDA
Course: amity 2 year full-time MBA program in biotechnology i.e. MBA (Biotechnology) (MBA-BT)
- Suryadatta Institute of Business Management & Technology - (SIBMT)Course: Industry / Career Oriented Program -Technology MBA with dual Sector Specialization : Pharma/Biotech
- Institute of Management and Entrepreneurship Development (IMED), Bharti Vidyapeeth University
Course: 2 year full-time MBA program in biotechnology i.e. MBA (Biotechnology) (MBA-BT)
Course: 2 year full-time MBA program in biotechnology i.e. MBA (Biotechnology) (MBA-BT)